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| title | "Entire Mexican Police Force Arrested Over Candidate Killing" |
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| body | "In an unprecedented move, the entire police force of a Michoacan municipality is arrested with links to a mayoral candidature killing.
<p><a href="https://www.telesurtv.net/english/news/Entire-Mexican-Police-Force-Arrested-Over-Candidate-Killing-20180624-0020.html">Source</a></p><p><a target="_blank" href="https://jlk.news/uncategorized/entire-mexican-police-force-arrested-over-candidate-killing">[Read more articles like this]</a></p><p><strong>Follow me to get real-time news updates on subjects that matter!</strong><p>
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| permlink | thepastandpresentofbitcoinminingfraud-l5y5kvb411 |
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| title | "The past and present of Bitcoin mining fraud" |
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| body | "<p> </p>
<p>Bitcoin mining and fraud are an unfortunate reality that we should consider the facial area as a field. From issues such as Bitconnect to Butterfly Labs and even Onecoin, there are a lot of frauds and frauds floating around. </p>
<p>These schemes leave superior and dry people with shed dollars and no product or service or support provided. They participate in the greed of people and the irrational anticipations of profits, despite the exaggerated claims of profits. </p>
<p>In the long term, these strategies sow seeds of distrust among people and provoke the wrath of regulators in a budding industry where everyone walks with egg shells. </p>
<p>Just before we delve, let's divide the classes that these Bitcoin mining frauds generate: </p>
<ul>
<li><b>Vaporware </b>- Hardware that is "selling", but in reality it is only an idea and not a real development that is taking place or if it is created there is a minimum value or no value in the components (for example, Butterfly Labs) </li>
<li><b>Mining in the cloud </b>- With the offer of shares and other constructs, it is simple to offer people current electronic units of essentially nothing. By providing reliable returns, this creates a sense of false stability that usually ends with exit scams (eg, BitClub). </li>
<li><b>Robo Trading, Tumblers and HYIPs </b>- This product is usually a farce, boasting that there is a team or algorithm that guides the "trade" scenes. From this exercise, you are given a particular% every day (for example, Bitconnect) </li>
</ul>
<h2><b>Vaporware </b></h2>
<p>Although many consider businesses like Bitmain as evil companies, many people really do not know how incomplete the mining scene was in the early days, especially 2010-2014. </p>
<p>They were quieter instances with much less mania (almost not) as nowadays with ICO. The media had no idea and, alternatively, you probably had what was comparable to the early days of the global network. This means mainly enthusiastic and hardcore technology enthusiasts, but there were also astute crooks and roving Crypto-hacker bandits who were trying to steal people's currency. </p>
<p>Since many protections have not been available, he experienced a "darknet" vibe exactly where he was not really sure who or what was safe and sound. For example, quite a few altcoins were generally cons in 2014, specifically anonymous cryptocurrencies. </p>
<p>The mining and "investment" scene of BTC has experienced a delicate but continuous threat of scamming because of the early times. Unfortunately, the brains that guide this type of initiative have only become smart and astute in their strategies. </p>
<p>The components that do not exist alias vaporware have been much less typical not so long ago, as there are now many more genuine possibilities to acquire mining hardware such as Bitmain or Halong Mining. </p>
<p>One of the first and most flagrant vaporware scams was with Butterfly Labs. Butterfly Labs took the buyer's resources, built devices, exploited them and presented them to customers when the profitability of mining was essentially useless. </p>
<p>In 2016, this caused the regulation hammer to fall into the type of demand: </p>
<p><img src="https://coinnewstelegraph.com/wp-content/uploads/2018/06/the-past-and-present-of-bitcoin-mining-fraud.png" width="100%" ><br/></p>
<p><img src="https://coinnewstelegraph.com/wp-content/uploads/2018/06/1529586021_214_the-past-and-present-of-bitcoin-mining-fraud.png" width="100%" ><br/></p>
<blockquote >
<p><img src="https://coinnewstelegraph.com/wp-content/uploads/2018/06/1529586022_436_the-past-and-present-of-bitcoin-mining-fraud.png" width="100%" ><br/></p>
<p>"Butterfly Labs and two of its operators have agreed to settle the prices of the Federal Trade Commission that deceived hundreds of buyers about the availability, profitability and novelty of the equipment developed to extract the virtual currency recognized as Bitcoin, and that unjustly retained Consumers - entry payments even if the machines are not delivered as promised. </p>
<p>Under settlement conditions, Butterfly Labs and its component owner and vice president of solution development, Sonny Vleisides, and its general manager, Darla Drake, will be banned from misrepresenting customers whether or not a product can be used or service to make Bitcoins or any other virtual forex, on what date a buyer will obtain the product or the company, and if the solution is new or is employed. The agreements also involve financial judgments that are partially suspended due to the inability of the defendants to pay. </p>
<p><em>"Even in the world of fast transfers of digital currencies like Bitcoin, companies can not fool people about their merchandise." </em>reported Jessica Rich, director of the FTC's Office of Client Protection. "These agreements will prevent the defendants from cheating the buyers." </p>
</blockquote>
<p ><strong>Nasser Ghoseiri (still on the left) and Sonny Vleisides (right) are the co-founders of Butterfly Labs. </strong></p>
<p>After receiving a high quality and managing to close the company, Butterfly Labs was in excess. But what resource for the buyers? Unfortunately, it is not a great deal. </p>
<p>Taking into account the fact that, then, the market has a greater intelligence and awareness of good options, specifically with the arrival of trusted ASIC providers. </p>
<h2><b>Mining in the cloud </b></h2>
<p>Although the cryptocurrency mining itself is not a scam, some constructs and solutions of the intermediaries are. Cloud mining is the place where digital actions are promised in a mining process and offers "returns" for your financial commitment. Although there are legit players in this room, there are also tricksters. </p>
<p>As there is almost no way to prove that you are having a real location in an information medium, cloud mining is a critical enigma. Positive, it could confirm that it is finding payments in its wallet, but in conditions of the precise mining backend, the evidence is doubtful in the best case. </p>
<p >An instance of a Cloud Mining scheme that promises returns on its spending </p>
<h3><b>How Cloud Mining Functions works </b></h3>
<p>The premise of cloud mining is simple, you invest in a total amount of hash electricity, usually identified as "shares", which gives you access to the details of mining in the center (identical to renting an area). </p>
<p>In general, you are provided with a menu of a handful of cryptocurrencies and possibilities of algorithms related to mining. For illustration, Bitcoin (SHA-256), Monero (CryptoNight) or Zcash (Equihash). </p>
<p>In exchange for your hash acquired from the unique cryptocurrency, you are provided X amount of cryptocurrency, which is specifically sent to your wallet. You can use a profitability calculator based on the current market value, the difficulty and the hash level of the network, to establish the payment. </p>
<p>Payments can vary in frequency depending on your personalizations and can be per hour (if a sufficient upper threshold is reached), day by day or weekly. </p>
<p>This is one of the simplest scams to invent since the entire set of purchases of electronic shares of a company "somewhere above there" is a rather dubious basis for a financial investment. </p>
<p>However, we have witnessed some flagrant scammers interspersed with seemingly authentic functions that offer an honest price in the current market of products and solutions. This may hinder the detection of Bitcoin cloud mining frauds for some buyers struggling to filter through the sounds. </p>
<h2><b>Robbery buying and selling and HYIP techniques </b></h2>
<p>These are one of the most astute Bitcoin scams of all. The reason for this is that these operations take advantage of fraudulent but effective way: to make the work websites to attract clients with an excellent search user interface, quick daily payments and withdrawals. </p>
<p>2017 seemed to have a large increase in the financial investment courses of large generators (HYIP) such as Bitpetite, Davor and the notorious Bitconnect. </p>
<p><img src="https://coinnewstelegraph.com/wp-content/uploads/2018/06/1529586023_462_the-past-and-present-of-bitcoin-mining-fraud.jpg" width="100%" ><br/></p>
<p><b>Bitpetite, claimed to be a glass that would give you returns on your borrowed crypto </b></p>
<p>The way they worked was that they would set up an account that would have a wallet address (similar to exchanges) to the place where they would send their currency to. Cryptocurrencies such as BTC, LTC, ETH and even XMR were accepted frequently and denoted this balance as soon as it was sent. </p>
<p>The system through a board would display your financial investment as effectively as what you earned from your financial investment. So, if the platform promised that 5% returns one business day, your $ 100 investment would present a value of $ 5 in your accounts. </p>
<p>The premise of how these returns were acquired consisted of a selection of narratives such as Bitcoin's investment and mining algorithms in search of products and services. But most of the time that's all they are, stories to keep ignoring the buyers, fortunately, jogging with this team. </p>
<p>The point about these configurations is that the very good ones operate very efficiently and without problems, which generates a false sense of trust among consumers who believe that "simply because they are spending, it will have to be legitimate". For a longer time, this farce continues, the extended users really feel more secure in this unstable expense. </p>
<p ><strong>Bitconnect was a bit more elaborate, but very similar to the Bitpetite configuration </strong></p>
<p>Bitconnect worked by enabling the deposit in BTC that would then be exchanged for BCC (Bitconnect currency) that would then be used to spend on an algorithm and robotic investment robot. This "algorithm" would supposedly work for you and generate about 1% per day in your expenses. </p>
<p>There was a functionality in which he could reinvest his earnings, which would increase the main expense at work and raise his payments mainly based on his total invested. </p>
<p>This led to a total growth in Youtube "millionaires" like Trevon James, one of Bitconnect's best-known. At some point, Trevon James and a selection of other Bitconnect promoters were contacted by the FBI and the SEC to listen. </p>
<p>This could be to back up what appears to be a pony scam and seems to be part of a much larger investigation. </p>
<p>What is really unfortunate about Bitconnect is the wrong feeling of having faith in it, which caused people to make really crazy points, such as losing the financial savings of their lifestyle. </p>
<h2>Closing views </h2>
<p>While the drawbacks of Bitcoin mining have largely been eliminated, there are new extra smart scams that have taken their place. </p>
<p><b>Vaporware </b>tricks customers with nonexistent or worthless hardware (for example, Butterfly Labs) </p>
<p><b>Bitcoin mining based mainly on the cloud </b>presents digital mining information about actions and contracts that promise constant returns. </p>
<p><b>Theft Buy and sell and HYIPs </b>declares using algorithms that guide the "trading" scenes. From this action, they give a different% every day (for example, Bitconnect) </p>
<p>Fantastic information is that many of these schemes are easy to establish. </p>
<p><strong>The red flags consist of: </strong>confirmed affirmations of profits and returns, exclusive%, references or incentives of design of marketing of multiple levels that impel the product and a website that imitates the appearance, true sensation and characteristics of other established frauds that provide similar gains. </p>
<p>However, it is a wild and wild crypt of the west, so be careful. </p>
<hr>
<p>Image <em>by means of: An element of Charles M. Russell's painting "Big Nose George and the Road Brokers". JONATHAN BLAIR / CORBIS / GETTY Illustrations or illustrations </em></p>
<h3 ><em>Associated </em></h3>" |
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| body | "<h4>Há 4 anos fiz 3 perguntas aos utentes de um Centro de Dia onde trabalhei 1 ano e meio como técnica superior de Animação Sociocultural:</h4>
<h3>O que é o amor?
O que diria ao seu marido/mulher?
O que pediria a Deus para o próximo ano?</h3>
<h4>Sinceramente se alguém me perguntasse isto não saberia o que responder, no entanto estes lindos seres humanos conseguiram tocar o meu coração!</h4>
<iframe width="560" height="315" src="https://www.youtube.com/embed/LLcAygXQx1U" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>
<h4>Há algo mais puro e lindo que estas respostas?</h4>
---
<br>
<center>
<h3>Telegram [Steem Bazar Portugal](https://t.me/joinchat/HllpMxJm5f-JbEDUXtV0Xw)</h3></center>" |
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حصلت على تصويت من
@arabsteem curation trail !
و تم اختيار مقالتك ضمن **مقالات يومية مختارة** للنشر في مقالنا اليومي
**يمكنك الحصول على تصويت اضافي عبر ارسال مبلغ اقله
0.05
ستيم او اسبيدي الى حساب التصويت الالي
@arabpromo
مع رابط المقال في حقل المذكرة (memo)
مما يتيح لك الحصول على تصويت مربح بحوالي 2.5 اضعاف :)**
</center>" |
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hiveblocks